Foreign aid received as grants and concessional loans in Nigeria
Nigeria: Foreign aid received as grants and concessional loans was 2.16 billion constant 2024 US$ in 2024. ◆ Volatile
Foreign aid received as grants and concessional loans in Nigeria, 1960–2024
Source: OECD (2026) – with major processing by Our World in Data. Measured in constant 2024 US$.
Analysis
In 2024, foreign aid received as grants and concessional loans in Nigeria stood at 2.16 billion constant 2024 US$.
Compared with earlier readings it is down 0.6% on the previous year and up 24.9% over ten years.
Over the whole period, foreign aid received as grants and concessional loans in Nigeria peaked at 13.19 billion constant 2024 US$ in 2006 and was at its lowest, 78.18 million constant 2024 US$, in 1961.
Nigeria ranks 13th of 178 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 278.09 million constant 2024 US$ | 78.18 million constant 2024 US$ | 556.37 million constant 2024 US$ | 10 |
| 1970s | 259.73 million constant 2024 US$ | 125.60 million constant 2024 US$ | 568.59 million constant 2024 US$ | 10 |
| 1980s | 155.65 million constant 2024 US$ | 123.26 million constant 2024 US$ | 364.78 million constant 2024 US$ | 10 |
| 1990s | 218.20 million constant 2024 US$ | 128.56 million constant 2024 US$ | 365.67 million constant 2024 US$ | 10 |
| 2000s | 2.67 billion constant 2024 US$ | 195.06 million constant 2024 US$ | 13.19 billion constant 2024 US$ | 10 |
| 2010s | 1.97 billion constant 2024 US$ | 1.24 billion constant 2024 US$ | 2.89 billion constant 2024 US$ | 10 |
| 2020s | 2.36 billion constant 2024 US$ | 2.16 billion constant 2024 US$ | 2.58 billion constant 2024 US$ | 5 |
Countries ranked near Nigeria
More reference data data for Nigeria
- Spring temperature anomalies 0.3216 °C (2026)
- Summer temperature anomalies 0.3105 °C (2026)
- Temperature anomalies by month 1.8 °C (2026)
- Universal right to vote in practice 2 (2025)
- Autumn temperature anomalies 0.4187 °C (2025)
- Winter temperature anomalies 1.76 °C (2025)
- Consumer price index 860.32 2010 = 100 (2025)
- Universal right to vote 2 (2025)
- Competitive elections 0 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is foreign aid received as grants and concessional loans in Nigeria?
- Foreign aid received as grants and concessional loans in Nigeria was 2.16 billion constant 2024 US$ in 2024, according to OECD (2026) – with major processing by Our World in Data.
- What is the highest foreign aid received as grants and concessional loans recorded in Nigeria?
- The highest recorded value was 13.19 billion constant 2024 US$ in 2006.
- What is the lowest foreign aid received as grants and concessional loans recorded in Nigeria?
- The lowest recorded value was 78.18 million constant 2024 US$ in 1961.
- How does Nigeria rank for foreign aid received as grants and concessional loans?
- Nigeria ranks 13th out of 178 countries with data for 2024.
- Is foreign aid received as grants and concessional loans rising or falling in Nigeria?
- Over the last ten years it is up 24.9%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from OECD (2026) – with major processing by Our World in Data, published as part of Foreign aid received as grants and concessional loans. Statizoid updates them automatically from the source API.
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About this data
Official development assistance component that represents grants. Monetary aid is estimated as net disbursements. This data is expressed in US dollars. It is adjusted for inflation.